Just got back from Singapore for my first trip. I would sign a free trade agreemement with them tomorrow. That places is rapidly becoming the most expensive place on earth. 10 years ago they were cheap labor. Now the cheapest condos outside the city are $1,000/sq ft and are $4,000/sqft in the city. A typical $14K Crapbox car in the US is $100K USD due to the EOC certificate required.
It's Crazy if people think they can make things there cheaper than Texas. Unless you are using Singapore as a stepping stone to move jobs to Malyasia or Indonesia, you are screwed.
If someone plans to outsource your manufacturing job to singapore, It may be for the best. You are working for idiots, anyway.